Takeaways from Orbcomm’s May 4 earnings results:

— Expect a midsize acquisition using high-yield bond proceeds this year.

— Hali service for small maritime vessels to extend AIS business reach.

— Giant order with China’s CIMC appears to be on the horizon.

— Company scrambling to meet increased product demand this year.

PARIS — Satellite M2M/IoT provider Orbcomm Inc. told investors to expect a midsize acquisition in the coming months now that a $250-million high-yield bond . . .

This content is restricted to subscribers